Mergers & Antitrust Law News

FleetCor Accused of Monopolizing Truck Stop Payment Processing

May 6, 2019, 6:40 PM

FleetCor Technologies Inc. has been accused of using exclusive dealing arrangements and other restrictions to corner the market for “fleet cards” and truck stop payment processing systems.

The company has secured the dominance of subsidiary Comdata Network Inc. by preventing its point-of-sale systems from processing fleet cards issued by competitors and by refusing to license rival payment systems to process Comdata’s cards, according to the May 5 complaint. The suit was filed in Alabama federal court by a rival payment company and a truck stop.

Fleet cards are payment cards used by businesses to manage expenses associated with driving and...

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